Don't know about major...I sold down 2/3 of my holding at low to mid 60s and just got back in. Mistimed the reentry a little but I will pick up more again if it hits <=40.
I have every reason to believe everything is good with EWC. I can't make the AGM, but I am contemplating a trip to HK next March, and maybe my first trip to Indonesia? I speak frequently with Ian Jordan and he constantly reinforces his view that Sulawesi will be well and truly off and running mid 2010 but that they are extremely limited in what they can say without Indo. Govt approval. He also reinforced that there are unlikely to be dividends until 2011. I think that fact alone makes EWC a bigger play than it otherwise might be.
EWC Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held
